Block 240 Bukit Panjang Ring Road

4 Room · Built 1988 · 61 years remaining lease MOP Cleared
Latest Sale
$528,000
Jan 2026 · 4 ROOM · #04-06
Median $/sqm
$4,543
Based on 20 transactions
Total Transactions
20
Since Jan 2017
5-Year Trend
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Insufficient data
Price Trend
Source: HDB Resale Flat Prices, data.gov.sg. Updated monthly.
What's Your Unit Worth?
HDB records transactions in 3-storey bands (e.g. 01 TO 03). Pick the band closest to your floor.
Estimated Market Value
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Future Value Projection
Estimated value in --
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Based on Bala's Table (SLA leasehold valuation model) with 3% annual market appreciation. Lease decay is non-linear and accelerates as remaining lease shortens. Not financial advice.
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Lease Decay Projection
0 years 61 years remaining 99 years
61 years 5 months
Remaining lease
↓ 0.48%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 61 years remaining, decay is gradual (~0.48%/yr). It accelerates significantly below 40 years. Market appreciation (historically 2-4%/yr) currently outpaces lease decay for this block.
All Transactions
Date Floor Type Area Price $/sqm
Jan 2026 04 TO 06 4 ROOM 104 sqm $528,000 $5,077
Jan 2026 10 TO 12 4 ROOM 84 sqm $466,000 $5,548
Nov 2025 01 TO 03 4 ROOM 104 sqm $507,000 $4,875
Feb 2025 10 TO 12 4 ROOM 84 sqm $528,888 $6,296
Jul 2024 10 TO 12 4 ROOM 84 sqm $450,000 $5,357
Nov 2023 04 TO 06 4 ROOM 84 sqm $430,000 $5,119
Oct 2023 10 TO 12 4 ROOM 84 sqm $450,000 $5,357
Aug 2022 07 TO 09 4 ROOM 84 sqm $400,000 $4,762
May 2022 07 TO 09 4 ROOM 84 sqm $405,000 $4,821
Apr 2022 10 TO 12 4 ROOM 104 sqm $462,000 $4,442
Feb 2022 01 TO 03 4 ROOM 84 sqm $390,000 $4,643
Nov 2020 04 TO 06 4 ROOM 84 sqm $320,000 $3,810
Sep 2020 07 TO 09 4 ROOM 84 sqm $320,000 $3,810
Mar 2020 10 TO 12 4 ROOM 84 sqm $298,000 $3,548
Oct 2019 01 TO 03 4 ROOM 84 sqm $295,000 $3,512
Feb 2019 04 TO 06 4 ROOM 84 sqm $310,000 $3,690
Jan 2019 01 TO 03 4 ROOM 84 sqm $295,000 $3,512
Nov 2018 04 TO 06 4 ROOM 84 sqm $313,000 $3,726
Oct 2018 07 TO 09 4 ROOM 84 sqm $300,000 $3,571
Apr 2017 04 TO 06 4 ROOM 84 sqm $310,000 $3,690
Showing 20 of 20 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 240 Bukit Panjang Ring Road

Block 240 at Bukit Panjang Ring Road is a residential HDB block in Bukit Panjang, Singapore, built in 1988 with approximately 61 years remaining on its 99-year lease. The block contains 4 room flats, with resale prices ranging from $295,000 to $528,888 based on 20 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 04 TO 06 sold for $528,000 in 2026-01. The current median price per square metre is $4,543. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.8791, with an annual lease decay rate of approximately 0.48%. All transaction data is sourced from Singapore's data.gov.sg open data platform and is updated monthly.

Frequently Asked Questions

How much is an HDB flat at Block 240 Bukit Panjang Ring Road worth?

The most recent resale transaction at Block 240 Bukit Panjang Ring Road was $528,000 for a 4 room flat in 2026-01. The median price per square metre across all flat types is $4,543, based on 20 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 240 Bukit Panjang Ring Road?

Block 240 Bukit Panjang Ring Road was built in 1988 and has approximately 61 years and 5 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.48%, meaning the leasehold value decreases by approximately 0.48% per year at the current remaining lease.

What flat types are available at Block 240 Bukit Panjang Ring Road?

Block 240 Bukit Panjang Ring Road in Bukit Panjang contains 4 room flats. Resale prices range from $295,000 to $528,888 based on historical transaction records from data.gov.sg.

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